Money20/20 Europe: GAFA and Grandhood day
Fraud fears, GAFA and other odds and ends from the Amsterdam event.
Payments
Alpha Fintech teams with Trustly for new payment options
Paytech firm Trustly celebrates its tenth birthday by partnering with Alpha Fintech.
Gift Card Impressions acquired by InComm
Prepaid products company InComm buys former competitor Gift Card Impressions (GCI).
India and Singapore sign fintech MoU amidst ongoing joint projects
India and Singapore are making each other eyes when it comes to fintech partnerships.
Paytech firm Marqeta raises $45m from Iconiq Capital and Goldman Sachs
Bringing Marqeta’s total funding to $116 million.
First Bank teams with WorldRemit for digital money transfers to Nigeria
In 2017, Nigeria received over $22bn in remittances, making it the largest recipient in Africa.
Caxton FX pilots direct payments with Token
Token facilitates direct payments for Caxton FX.
Survey on payment methods 2017 – Swiss National Bank
Survey on payment behaviour and the use of cash in Switzerland.
Hanseatic Bank signs for collectAI’s B2B2C white label tech
Hanseatic Bank among the first to deploy collectAI’s B2B2C white label solution.
BPCE, Natixis and TransferWise team for affordable cross-border remittances
Transferwise enables cross-border remittances for BPCE’s subsidiaries.
Form3 teams with Arkéa Banking Services for SEPA real-time payments
The new service is “industry-first”, according to Form3.
Money20/20 Europe keynote: the age of invisible payments (and apology from Visa)
Innovation benefits the entire ecosystem, states Visa Europe’s CEO.
Paytech heavyweights Nets and Concardis to merge
Paytech firms Nets and Concardis will merge but retain their own brands.
Emirates NBD unveils EasyHub digital kiosk
The Emirates NBD EasyHub capabilities go far beyond a typical ATM, Diebold Nixdorf says.
Switch launches CardSavr API for virtual cards
Solution for those looking to make the leap from plastic to virtual cards.
Visa hit by payment outages across Europe
Update – 2 June – situation now resolved.
Instarem buddies up with BeeTech for payments on blockchain
Will use Ripple’s network RippleNet for action in Asia-Pacific and South America.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Dwolla launches pay-as-you-go payment offering, Start
Out-of-the box way for businesses to move money without a large time or money commitment.
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Webinar: From the high street to cryptocurrency – digital ID verification for on-boarding and compliance
Register for this live webinar, taking place on 20 June.
Signifyd lands $100m in Series D funding
E-commerce fraud protection provider Signifyd has more than doubled its financing total.
Form3 and Mambu unveil real-time cloud payments
Will provide access to real-time payments processing in the UK and Europe.
Goldman Sachs heads $250m funding round in Tradeshift
Firm says its valuation now stands at $1.1 billion.
Personal finance app Fintify readies for UK-India launch
Targeting the non-resident Indian (NRI) market.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Interstellar crypto exchange sets its sights on the stars
Cameroon-based firm offers a Proxima Centauri update.
Digital money transfer service Azimo raises $20m in funding
Round led by Rakuten Capital.
Big bank’s mobile app Beem IT goes live in Oz
Australian app created by CBA, NAB and Westpac.
Tandem reaches 100,000 clients, signs for Form3 paytech
Wants to match Lloyds Bank in terms of customer numbers in ten years time.
China surging in payments technology: lessons for the West
What has driven the explosive growth of Asian paytech from giants such as Ant Financial and Tencent? And what’s next?
Criminals capture $1.2bn in cryptocurrency since 2017
Anti-Phishing Working Group reveals the danger… and damage.
PayPal and Google Pay deepen payments relationship
More payment options across the Google ecosystem are on the way.
PaySend adds KYC and risk management tech from 4Stop
Moving money with international money transfer platform PaySend just got a lot more secure.
Infographic: the generation game
Sainsbury’s Bank examines the financial habits of different generations.
ING launches developer portal
Dutch bank wants to work more closely with external developers.
SIA is partial to First Data’s European card processing for €375m
Will acquire businesses in parts of Central and Southeastern Europe.
Top fintech stories this week – 25 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fighting a (losing) battle against fraud
It appears financial institutions and businesses in the US are fighting a losing battle.
